Moroccan Court Convicts Bank Employee of Embezzlement

Published June 9th, 2001 - 02:00 GMT
Al Bawaba
Al Bawaba

A Moroccan court has sentenced a bank employee to five years in jail for embezzlement, reported the official Maghrebe Arab Presse (MAP).  

The convict was also ordered to pay a fine of 830,000 dirhams ($72,173).  

The employee was found guilty of committing fraudulent acts "by enabling a client to take out loans without having sufficient guarantees to pay them back,” the court said.  

The client was sentenced to tree years in jail, said the agency - Albawaba.com 

 

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